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Project Administrator & Accounting Academy

October 23 @ 4:00 pm - 6:00 pm

$425.00 - $600.00

Admin/Accounting Academy
This is a 12-hour series of courses taught over 6 evenings. October 23rd to November 6th. Member Cost: $425.  This class is being held at the Loyola College Graduate Center in Timonium, MD.  

2034 Greenspring Drive
Timonium, MD 21093

Classes:

Financial Statements – Understanding the Concepts – Monday, October 23rd

Balance Sheet – the company’s statement of Net Worth
Income Statement (or Profit & Loss) – the report card on the company’s performance
Statement of Cash Flow – “Cash is King”
Basic Industry Ratios – Used by lenders, customers and suppliers

Audits –  How to Navigate through the process – Wednesday, October 25th

Insurance Audits – Worker’s Comp, Liability & Auto
Financial Audits – Required for larger contracts and certain public work qualification
Unemployment Audits – Routinely performed by the State of Md.
Sales & Use Tax Audits – Not frequent, but intense and laborious when they occur
Unclaimed Property – Often overlooked by businesses
Job Audits – Requested by owners, public agencies and other stake holders
DOL/DLLR Audits – Payroll, Worker Classification, Employee Records, Wage Restitution

Contractor Compliance – Record Keeping & Reporting – Monday, October 30th

Lien Waivers
Wage Scale, Certified Payroll
Maryland Apprenticeship Training Fund
MBE Participation
Certificate of Insurance
Bonding
W-9 Forms

Tax Reporting – What you need to understand to minimize cost and avoid excess taxation – Wednesday, November 1st

Personal Property Tax – planning ahead and accurate reporting
Payroll Taxes – Accuracy and timing are critical
1099s – who should get one, and who should not
Work Opportunity Tax Credit – who qualifies and how to secure tax credit

Job Costing – Why it’s important and how to track costs – Monday, November 6th

Measurement of job profitability
Organize costs by Job, Phase or Division, Cost Code and Cost Type
Construction specifications Institute Division Codes
Estimated cost compared to actual costs

Accounts Receivable & Accounts Payable – Wednesday, November 8th

AIA Progress Billings
Customer payment and cash flow
Common issues that delay AR processing
Purchase Orders, Confirmation & Approval, Invoice payments
Internal Controls and fraud protection
Avoid AP errors that can cause over-payment

Details

Date:
October 23
Time:
4:00 pm - 6:00 pm
Cost:
$425.00 - $600.00
Event Category:

Venue

Loyola Graduate Center
2034 Greenspring Drive
Timonium, MD 21093 United States